
About the property (MLS: 1269221):
Drop by and check out the view overlooking Octagon Pond on these new lots on the extension of Hartland Avenue. Build your own custom home or bring your plans for a turnkey quote. Only a limited number of lots available. Price is plus HST. Terms available on the lot purchase. (id:56688)
Property Details
MLS: 1269221
Listing ID: 26689438
Address: 21 Hartland Avenue, Paradise, Newfoundland & Labrador, Canada A1L0V2
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $756
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.531184, -52.877981]
Listing ID: 26689438
Address: 21 Hartland Avenue, Paradise, Newfoundland & Labrador, Canada A1L0V2
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $756
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.531184, -52.877981]
Rooms
Basic Calculator
First Mortgage: $79,920
Mortgage insurance premium: $0
Total Financing: $79,920
Rough closing fee (1.5%): ~ $1,499
Total downpayment with estimated closing fee: $21,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $125 | $1,500 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-125 | $-1,500 |
| Net Operating Income (NOI) | $-125 | $-1,500 |
| Capitalization Rate | -0.13% | -1.50% |
Capitalization Rate: -1.50%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $142,715


